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Below is an in-depth analysis and side-by-side comparison of Tastee Freez vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,000 - $900,000 | $75,000 - $324,950 |
Franchise Fee | $10,000 - $20,000 | $15,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3%local + 1% Nat'l | 4% local+1% Nat'l |
Year Founded | 1950 | - |
Year Franchised | 0 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Tastee Freez is ready to grow an exciting and energetic concept. Tastee Freez still offers the traditional great tasting treats and grilled items that made us famous with state-of-the-art equipment and new brand imaging. Now is the time to join the Tastee Freez family!
In addition to our traditional Tastee freez concept, Tastee Freez also offers an exciting co-branding opportunity for existing restaurant concepts. For an initial fee of $5,000 you can add Tastee Freez soft serve to your existing restaurant menu. All other fees remain the same. You need only four linear feet to add Tastee Freez to your concept.